Taking the Thai trail: attracting FDI via macro-Level policy

Bhagaporn Wattanadumrong, Alan Collins, Martin C. Snell

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    Abstract

    This study reports on the establishment of an extensive and detailed composite dataset to support country-level econometric studies of FDI in Thailand. This has permitted investigation in detail, for the first time, of the key macroeconomic determinants of FDI in Thailand over the period 1970-2004. In particular, the influence of interest rates, exchange rates, volumes of trade, wage rates and geographical distance on FDI were considered and the results are reviewed in the context of other country studies.
    Original languageEnglish
    Pages (from-to)1135-1151
    Number of pages26
    JournalJournal of Policy Modeling
    Volume36
    Issue number6
    DOIs
    Publication statusPublished - 1 Nov 2014

    Keywords

    • Foreign Direct Investment
    • Thailand
    • Pooled Data
    • GMM

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